Western Australia grants Walyering production licence
A joint venture of Strike Energy and Talon Energy has been granted production licence L23 by the government of Western Australia, the two companies said on January 12.
“The grant of the production license is a key approval required for the development of the Walyering gas field and has been obtained in line with the joint venture’s scheduled timeframes,” they said.
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Walyering is a conventional gas discovery located within the exploration permit (EP) 447, in the onshore Perth basin. Strike Energy operates EP447 with 55% interest, while Talon Energy owns the remaining 45% interest.
Strike sanctioned the Walyering gas field for development in August last year. The final investment decision was made following the completion of the recent independent certification of a 54.2 PJ 2P gas reserve for the Walyering gas field. Last month, the joint venture signed a gas supply agreement with Santos.
The Walyering gas field development procurement programme is 98% complete and construction is on schedule to allow the first gas sales in Q1 of 2023, the companies said.